US stocks tumble as investors grow defensive

Stocks tumbled today for the third straight session as investors, increasingly adopting a defensive strategy, bailed out of technology and other higher-risk shares.

US stocks tumble as investors grow defensive
Wed, 10 Mar, 2004 - 22:01

Stocks tumbled today for the third straight session as investors, increasingly adopting a defensive strategy, bailed out of technology and other higher-risk shares.

The Dow Jones industrial average shed 160 points and other major indexes also dropped sharply.

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